Eurogamer: Nintendo NX is a portable console with detachable controllers (It also connects to your TV, and runs cartridges)

[Magnus]

If this rumor is true, then Nintendo is dead to me. The execs at Nintendo should commit seppuku if they leave the home console space. And it makes the lack of an exclusive Zelda on Wii U even more unforgivable.

Not to mention handhelds are dead outside Japan.